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PSA International
Deals, joint ventures & alliances
PSA International acquires stake in Vietnam logistics provider SOTRANS Group
The latest venture in Vietnam strengthens PSA's network in the region.
May 25, 2023
Deals, joint ventures & alliances
PSA International forms JV with Kazakhstan Railways to enhance trade through TITR
The partnership between KTZ and PSA aims to develop the TITR through initiatives such as the organisation of block trains.
May 23, 2023
Company in the news
PSA's CK Hutchison ports US$4 bil stake sale attracts China giants, sources say
The sale process has just kicked off and PSA is holding early talks with potential bidders including China Merchants and Cosco.
March 14, 2023
M&A
PSA to acquire BDP International
The move is PSA’s first major acquisition of this nature, says PSA group CEO Tan Chong Meng.
December 01, 2021
Company in the news
PSA International reports 6.2% lower FY20 earnings of $1.17 bil on lower income and higher other operating expenses
Revenue for the FY2020 grew 2.5% y-o-y to $4.18 billion on higher throughput and business acquisitions.
March 19, 2021
Company in the news
PSA International reports 1.7% y-o-y increase in volume for 2020
PSA International has handled 86.6 million Twenty-foot Equivalent Units (TEUs) of containers in 2020.
January 14, 2021
Deals, joint ventures & alliances
One Network Enterprises and PSA International to expand services for global terminal operations and logistics
One Network Enterprises (ONE) and PSA Cargo Solutions, a unit of PSA International, announced on Monday a strategic partnership to expand services for global terminal operations and logistics.
June 15, 2020
Infrastructure
Tuas Megaport set to 'rethink the future of shipping': PM Lee
SINGAPORE (Oct 3): PSA’s new consolidated port in Tuas is set to “rethink the future of shipping,” says Prime Minister Lee Hsien Loong.
October 04, 2019
National Day Rally 2019
No need yet for economic stimulus, PM says, as Singapore looks to infrastructure for the future
SINGAPORE (Aug 19): Even as Singapore teeters on the edge of a technical recession, Prime Minister Lee Hsien Loong says there’s no need yet for immediate economic stimulus measures.
August 19, 2019
In print this week
HPH Trust feels full-blown effect of US-China trade war
SINGAPORE (May 17): The board of Hutchison Port Holdings Trust (HPH Trust), led by chairman Canning Fok, had to face frustrated shareholders at its annual general meeting, which this year was held on the morning of April 26.
May 17, 2019